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Global HVAC Rental Equipment Market to Grow at a CAGR of 8% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global HVAC Rental Equipment Market 2016 - 2020” research report to their website www.MarketResearchReports.com

Lewes, DE -- (SBWIRE) -- 04/22/2016 -- Report forecast the global HVAC rental equipment market to grow at a CAGR of 8% during the period 2016-2020.

The current pace of global economic integration is driven by international trade and investment activities. Profit remains a key motive for trade, and so businesses are careful about calibrating production processes and productivity in tune with demand in international markets. Both manufacturing and service industries operate round the clock these days.

Every organizational facility needs to have an HVAC contingency plan to avert crisis situations. This has led enterprises to adopt HVAC rental equipment services to cater to their requirements for heating, ventilation, or air conditioning. The market caters to customers like the food and beverage, utilities, oil and gas, petrochemical, manufacturing, construction, and mining industries, and events, data centers, hospitals, and others.

The report covers the present scenario and the growth prospects of the global heating, ventilating, and air conditioning (HVAC) rental equipment market for 2016-2020. To calculate the market size, the report considers the revenue of the key vendors operating in the global HVAC rental equipment market. The report considers various types of heating, ventilating, and air conditioning equipment. Revenue generated from renting HVAC equipment across all geographies

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, the growing nuclear power sector in China is poised to reach higher levels during the forecast period. Until March 2016, the country had 30 operational nuclear power reactors, 24 under construction and more than 34 in the planning stage. The total existing capacity is more than 380,000 MWe. The country plans to have 150 GW of nuclear power capacity by 2030. The need for nuclear power is growing to check air pollution caused by the coal-fired power plants.

Further, the report states that with a drastic fall in the price of commodities, mining companies are finding it challenging to recalibrate. The industry is faced by a host of unresolved challenges like declining demands for mined products.

Global HVAC Rental Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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